The British government plans to introduce legislation to regulate stablecoins and crypto staking. This move comes as President-elect Donald Trump lays out his plans to make the United States a global crypto hub, creating fresh competition for the UK to retain and attract digital asset businesses. Stablecoin and Staking Legislation...
Phantom Issues Emergency Update After iOS App Locks Users Out of Wallets
Phantom, a Solana-based decentralized finance (DeFi) wallet, has issued an urgent update for its iOS app. This follows reports that a bug unexpectedly logged some users out of their accounts. The glitch prevented several iOS customers from accessing their wallets unless they had backed up their recovery phrases. Users Locked...
Is Gary Gensler the Reason Behind Ripple’s (XRP) Sudden Surge to 16-Month Peak?
Most of the cryptocurrency market has gone through a slight correction in the past few hours, but Ripple’s native token has defied the overall sentiment. XRP has blasted through its recent yearly high and has tapped an 16-month peak of roughly $0.8. XRPUSD. Source: TradingView Bitcoin stood well above $92,000...
Solana DeFi Reaches New Heights with Record $5B Daily Trading Volume Streak
Solana’s decentralized finance (DeFi) is seeing a resurgence amidst a broader market rally. According to data compiled by DeFiLlama, Solana’s decentralized exchanges (DEXs) have hit a milestone, with daily trading volumes surpassing $5 billion for three consecutive days. This marks the first time such a feat has been achieved. During...
Ethereum (ETH) to Experience a ‘Massive Rally’ Under This Condition (Analysts)
TL;DR Experts foresee a substantial upward movement for ETH, expecting it to quickly gain ground after BTC stabilizes. Key on-chain metrics suggest lowered selling pressure and growing investor interest, hinting at a possible bullish phase for the asset’s price. ETH Bull Run on the Horizon? Despite experiencing a 14% price...
Dogwifhat (WIF) Soars to a 7-Month High Following Support From Coinbase: Details
TL;DR WIF’s solid price increase happened shortly after Coinbase allowed trading services with the asset. Its momentum comes amid intense competition in the meme coin market, with tokens like PEPE, DOGE, and PNUT exploding by triple and even quadruple digits in the past week. WIF in the Spotlight Again The...
Indian Authorities Detain Suspect Linked to $230M WazirX Hack
Police in India have reportedly taken a suspect into custody in connection with the high-profile attack on the WazirX crypto exchange. The individual’s capture comes almost four months after the incident, which resulted in the loss of more than $230 million worth of crypto, was first reported. Two Suspects Identified...
Trump’s Win Is Big for Crypto, But Let’s Keep Expectations in Check (Op-Ed)
The recent U.S. elections campaign brought surprises and drama on multiple fronts, even before the results came through. However, one standout trend emerged as an outlier: crypto has moved from the fringes to the heart of the electoral stage. Moreover, the community has become a key demographic, heavily courted throughout...
Ripple Price Analysis: Can XRP Continue Toward $1 After 35% Weekly Surge?
Ripple’s price is finally moving, as Bitcoin trades at all-time high values. Yet, there’s still a major obstacle the market should take out before a long-term rally begins. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the XRP/USDT pair’s daily chart, the asset has been rallying impulsively over the...
This Is How the Crypto Market Will Look When BTC Price Tops This Cycle: Santiment
Bitcoin (BTC) continues to rally to new all-time highs daily, with crypto investors wondering which price level will be the next victim of the cryptocurrency’s upward momentum. While market participants speculate on which price would be bitcoin’s final destination for this bull run, analysts have outlined on-chain conditions to look...
